(Reuters) - Intel Corp reported better-than-expected quarterly earnings and revenue, boosted by improving PC demand and growth in its data centre and cloud businesses, but its revenue forecast for the current quarter disappointed Wall Street.

The world's largest chipmaker's shares were down 5.3 percent at $35.75 in after-hours trading on Tuesday.

Intel said it expects fourth-quarter revenue of $15.7 billion, plus or minus $500 million. Analysts on average were expecting $15.86 billion, according to Thomson Reuters I/B/E/S.

"This is below the average seasonal increase for the fourth quarter as we expect the worldwide PC supply chain to reduce their inventory," Executive Vice President Stacy Smith said on a conference call with analysts.

Last month, Intel raised its third-quarter revenue forecast for the first time in more than two years, citing improving PC demand.

Intel's results beat estimates; forecast disappoints

(Reuters) - Intel Corp reported better-than-expected quarterly earnings and revenue, boosted by improving PC demand and growth in its data centre and cloud businesses, but its revenue forecast for the current quarter disappointed Wall Street.

By Rishika Sadam and Nayyar Rasheed

(Reuters) - Intel Corp reported better-than-expected quarterly earnings and revenue, boosted by improving PC demand and growth in its data centre and cloud businesses, but its revenue forecast for the current quarter disappointed Wall Street.

The world's largest chipmaker's shares were down 5.3 percent at $35.75 in after-hours trading on Tuesday.

Intel said it expects fourth-quarter revenue of $15.7 billion, plus or minus $500 million. Analysts on average were expecting $15.86 billion, according to Thomson Reuters I/B/E/S.

"This is below the average seasonal increase for the fourth quarter as we expect the worldwide PC supply chain to reduce their inventory," Executive Vice President Stacy Smith said on a conference call with analysts.

Last month, Intel raised its third-quarter revenue forecast for the first time in more than two years, citing improving PC demand.

Intel's results beat estimates; forecast disappoints

(Reuters) - Intel Corp reported better-than-expected quarterly earnings and revenue, boosted by improving PC demand and growth in its data centre and cloud businesses, but its revenue forecast for the current quarter disappointed Wall Street.

The world's largest chipmaker's shares were down 5.3 percent at $35.75 in after-hours trading on Tuesday.

Intel said it expects fourth-quarter revenue of $15.7 billion, plus or minus $500 million. Analysts on average were expecting $15.86 billion, according to Thomson Reuters I/B/E/S.

"This is below the average seasonal increase for the fourth quarter as we expect the worldwide PC supply chain to reduce their inventory," Executive Vice President Stacy Smith said on a conference call with analysts.

Last month, Intel raised its third-quarter revenue forecast for the first time in more than two years, citing improving PC demand.